Valley Wealth Managers Inc. Acquires 18,074 Shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF)

Valley Wealth Managers Inc. increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 60.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,887 shares of the company’s stock after buying an additional 18,074 shares during the quarter. Valley Wealth Managers Inc. owned 0.67% of Invesco Dorsey Wright Technology Momentum ETF worth $3,037,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PTF. Cetera Advisors LLC raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 25.2% during the first quarter. Cetera Advisors LLC now owns 8,688 shares of the company’s stock worth $498,000 after acquiring an additional 1,750 shares during the last quarter. Outlook Wealth Advisors LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF during the second quarter worth about $1,294,000. Genesee Capital Advisors LLC raised its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 9.7% during the second quarter. Genesee Capital Advisors LLC now owns 40,024 shares of the company’s stock worth $2,479,000 after acquiring an additional 3,537 shares during the last quarter. Raymond James & Associates grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 1.3% during the second quarter. Raymond James & Associates now owns 83,655 shares of the company’s stock worth $5,182,000 after purchasing an additional 1,101 shares during the period. Finally, Private Advisory Group LLC acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF during the second quarter worth approximately $348,000.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 1.0 %

NASDAQ PTF traded down $0.72 during trading hours on Friday, hitting $69.96. 869 shares of the company’s stock were exchanged, compared to its average volume of 24,356. The stock has a 50-day simple moving average of $64.79 and a 200 day simple moving average of $61.64. Invesco Dorsey Wright Technology Momentum ETF has a 1-year low of $45.47 and a 1-year high of $74.83. The firm has a market cap of $503.71 million, a price-to-earnings ratio of 12.47 and a beta of 1.23.

Invesco Dorsey Wright Technology Momentum ETF Company Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.